The CyanogenMod team has been making excellent progress with the Android port for the HP TouchPad. In the latest update, they have managed to get Wi-Fi, audio and Android Market working. We should see a working release soon.

The HP TouchPad is available for only $99, until stocks last, thanks to a fire sale by HP. Today, a group of Android developers announced that they will be porting Android 2.3 Gingerbread to the TouchPad.